Benefits incidence in 5th quintile (richest) (%) - All Social in Panama
Panama: Benefits incidence in 5th quintile (richest) (%) - All Social was 61.8% in 2023. ▼ Falling
Benefits incidence in 5th quintile (richest) (%) - All Social in Panama, 2008–2023
Source: ASPIRE.
Analysis
The most recent figure for benefits incidence in 5th quintile (richest) (%) - all social in Panama is 61.8%, measured in 2023.
The figure is down 7.1% on the previous year and down 13.9% over ten years.
Over the whole period, benefits incidence in 5th quintile (richest) (%) - all social in Panama peaked at 72.2% in 2010 and was at its lowest, 60.7%, in 2018.
That places Panama 15th out of 34 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Benefits incidence in 5th quintile (richest) (%) - All Social in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 68.7% | — |
| 2009 | 70.7% | +3.0% |
| 2010 | 72.2% | +2.1% |
| 2011 | 67.0% | -7.3% |
| 2012 | 67.1% | +0.2% |
| 2013 | 71.7% | +6.9% |
| 2014 | 65.7% | -8.5% |
| 2015 | 62.8% | -4.4% |
| 2016 | 68.1% | +8.5% |
| 2017 | 63.3% | -7.0% |
| 2018 | 60.7% | -4.1% |
| 2019 | 61.2% | +0.7% |
| 2021 | 66.5% | +8.7% |
| 2023 | 61.8% | -7.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 69.7% | 68.7% | 70.7% | 2 |
| 2010s | 66.0% | 60.7% | 72.2% | 10 |
| 2020s | 64.1% | 61.8% | 66.5% | 2 |
Countries ranked near Panama
More work & labour data for Panama
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.192 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.1956 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.1888 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.09 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 4,652 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,175 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,950 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,955 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 5,905 1000 No (2100)
Frequently asked questions
- What is benefits incidence in 5th quintile (richest) (%) - all social in Panama?
- Benefits incidence in 5th quintile (richest) (%) - all social in Panama was 61.8% in 2023, according to ASPIRE.
- What is the highest benefits incidence in 5th quintile (richest) (%) - all social recorded in Panama?
- The highest recorded value was 72.2% in 2010.
- What is the lowest benefits incidence in 5th quintile (richest) (%) - all social recorded in Panama?
- The lowest recorded value was 60.7% in 2018.
- How does Panama rank for benefits incidence in 5th quintile (richest) (%) - all social?
- Panama ranks 15th out of 34 countries with data for 2023.
- Is benefits incidence in 5th quintile (richest) (%) - all social rising or falling in Panama?
- Over the last ten years it is down 13.9%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from ASPIRE, published as part of Benefits incidence in 5th quintile (richest) (%) - All Social Insurance. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Percentage of benefits going to the richestquintile relative to the total benefits going to the population